Bitcoin miner Core Scientific posts $580M Q1 profit but misses revenue estimates

Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits. Core Scientific’s Q1 2025 results, shared on May 7, saw it more than double its $210 million net income from the year-ago quarter, while its total revenue reached $79. 5 million, missing Zacks analysts' estimates by 8 source: https://cointelegraph.com/news/core-scientific-misses-q1-revenue-posts-580-million-q1-profit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound